| Ups and Downs February 28th, 2017 by Bill Boyajian |
Business has its ups and downs. When business is good, we think it will always be that way. And when business is bad, we can’t see it getting better. That’s because we make excuses for our situation and blame outside forces or other people for our problems. Business, like the economy, goes in cycles. But we have much more control of our business than the economy as a whole, where we have absolutely no control. Therein lies the difference. We need to stop worrying about the things we can’t control and focus on the things we can control.
Most business problems lie with their leadership. Leaders need to accept the fact that things don’t always go well and to take responsibility for their circumstances. After taking responsibility, the only rational course is to accept the current situation – even embrace it — and to develop a plan to make things better. All of this lies in the hands of the business owner or manager. If the situation I describe sounds familiar, take some time to reflect on your current circumstances and to determine your best course of action. Doing nothing is an unacceptable choice. Commit to making things better, knowing that business always has its ups and downs. Tags: Action, Advice, Business, Business Development, Business Tips, Crisis Management, Determination, Developing Leaders, Downs, Economy, Excuses, Leaders, Leadership Excellence, Leadership Problems, Learning, manager, owner, People, Plan, Problems, Responsibility, Success, The Mind of a Leader, Ups, Vision, Wisdom |
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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”
–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL
"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."
–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA
“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”
–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS
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